Latest NEPSE and Share Market News - Page 78
Lionel Messi Rewrites Football History Books in Milestone 200th Appearance for Argentina
Making a record-shattering sixth World Cup appearance, the Argentine skipper equals the all-time tournament goals record held by Germany's Miroslav Klose.
Garima Bikas Bank Under Madhav Prasad Upadhyay Marks 43% Net Profit Surge and Improved Asset Quality
Transitioning to insider leadership, the bank hits over Rs. 1.04 Billion in net profit while successfully lowering its non-performing loan (NPL) ratio.
Mount Everest Power Development Opens Public IPO Issue Worth Rs. 14.27 Crore
Following the allotment to locals and migrant workers, Mount Everest Power opens its second-phase IPO for the general public from Ashar 3.
Domestic Precious Metal Rates Recede as Mid-Week Trading Opens Lower
Precious metal prices take a hit as gold drops by Rs. 1,200 per tola and silver plunges to Rs. 4,080 on Wednesday.
Muktinath Bikas Bank Extends Logistical Support to Nepal Police Units Across Multiple Districts
Under its Corporate Social Responsibility (CSR) initiative, Muktinath Bikas Bank Limited has donated essential office equipment and road safety materials to several district police and traffic offices. The support, ranging from computers and furniture to road dividers, aims to strengthen public service delivery and community safety.
NEPSE Continues Downward Slide with a 6.31-Point Drop; Turnover Shrinks to Rs. 4.04 Arba
The Nepal Stock Exchange (NEPSE) extended its bearish momentum on Tuesday, shedding 6.31 points to close at 2,705.45. Market participation cooled down significantly as daily turnover contracted to Rs. 4.04 Arba, with the Finance sector taking the hardest hit.
Celebrity Chef Santosh Shah Released on Bail Following Banking Offence Arrest
Renowned chef Santosh Shah has been released from police custody after furnishing bail equivalent to the financial claim filed against him in a banking offence case. Shah was apprehended alongside co-accused Narayan Sah Sudi in Janakpurdham following a property transaction dispute involving a Kathmandu-based restaurant.
Nepal Rastra Bank Unveils Daily Forex Rates; US Dollar and Major Currencies Hold Strong
Nepal Rastra Bank (NRB) has published the official foreign exchange rates for Tuesday. The central bank fixed the buying rate for the US Dollar at 𝓡𝓼. 151.24 and the selling rate at 𝓡𝓼. 151.84, while retail rates across commercial banks may vary based on market conditions.
Global Oil Prices Reboud as Skepticism Over US-Iran Truce Details and Strait of Hormuz Clearance Spurs Supply Fears
Global crude benchmarks edged higher on Tuesday as initial market optimism over a preliminary US-Iran peace agreement faded. With the full text of the memorandum of understanding undisclosed and significant technical and security hurdles remaining before the blocked Strait of Hormuz can safely reopen, investors adopted a cautious stance, driving Brent and WTI crude futures up by 0.3%.
Agriculture and Tourism Drive 73% of Nepal's Total Foreign Investments
The Department of Industry has approved ₹47.61 billion in foreign direct investment commitments across 914 ventures in 11 months, with the simplified Automatic Route rapidly capturing small-scale projects.
ICRA Nepal Upgrades Jhapa Energy Limited's Issuer Rating to B+
ICRA Nepal Limited has upgraded the issuer rating of Jhapa Energy Limited (JEL) from [ICRANP-IR] B- to B+. While the revision highlights a marginal improvement in the company's credit profile, the new rating continues to signal a high risk regarding timely debt servicing.
Indian Capital Markets Face Heavy FPI Outflows as Equity Sales Hit ₹2.87 Lakh Crore in 2026
Foreign Portfolio Investors (FPIs) pulled out over ₹62,853 crore from Indian equities in the first half of June 2026, driven by geopolitical tensions, a weakening Indian Rupee, and high market valuations. While equity markets faced major selling pressure, the domestic debt market remained resilient, attracting over ₹13,200 crore via the Fully Accessible Route (FAR).